About Atlanta Electricals:
The company is a transformer manufacturer in India, specializing in power, auto, and inverter duty transformers up to 200 MVA and 220 kV prior to acquiring BTW-Atlanta Transformers India Private Limited and commissioning its Vadod unit. These developments expanded its capacity to manufacture transformers up to 500 MVA and 765 kV. With over 30 years of experience, the company has supplied 4,400 transformers totaling 94,000 MVA across 19 states and three union territories. Revenue grew from ₹8,738.83 million in FY2023 to ₹12,441.80 million in FY2025, at a CAGR of 19.32%
About the Industry in which Atlanta Electricals operates:
The global transformer market is witnessing strong growth, fueled by rising power demand and rapid industrialization. With a global focus on energy efficiency and reducing carbon emissions, upgrading and expanding power infrastructure has become essential. In India, market growth is driven by a 50% rise in per capita electricity consumption over the past decade, along with government investments in renewable energy and transmission expansion. Between 2019-2023, the global market grew at ~4.9% CAGR and is projected to grow at ~7.43% annually during 2024-2030, while India’s market is expected to grow 7–8% in 2025.
| Important Information and Timelines of the IPO of Atlanta Electricals: | |
|---|---|
| Open Date | 22 September 2025 |
| Close Date | 24 September 2025 |
| Total Issue Size – Number of Shares | 9115934 |
| Minimum Bid Price | 718 |
| Maximum Bid Price | 754 |
| Lot Size | 19 |
| Basis of Allotment | 25 September 2025 |
| Initiation of Refunds and Credit of Shares to Demat | 26 September 2025 |
| Listing Date | 29 September 2025 |
| Listing Exchange(s) | NSE and BSE |
Minimum and Maximum Lot Sizes for the IPO of Atlanta Electricals:
| Category | Lots | Shares | Amount (in ₹) |
|---|---|---|---|
| Retail – Minimum | 1 | 19 | 14326 |
| Retail – Maximum | 13 | 247 | 186238 |
| sHNI – Minimum | 14 | 266 | 200564 |
| sHNI – Maximum | 69 | 1311 | 988494 |
| bHNI – Minimum | 70 | 1330 | 1002820 |
Objective of the IPO of Atlanta Electricals:
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Repayment or prepayment, in full or in part, of certain outstanding borrowings availed by the company.
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Funding the working capital requirements of the company.
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General corporate purposes.
Financials of Atlanta Electricals:
| Particulars | March 31, 2025 | March 31, 2024 | March 31, 2023 |
|---|---|---|---|
| Equity share capital (₹ in million) | 143.17 | 143.17 | 143.17 |
| Net worth (₹ in million) (1) | 3,499.04 | 2,284.72 | 1,648.95 |
| Revenue from operations (₹ in million) | 12,441.80 | 8,675.53 | 8,738.83 |
| Profit after tax after share of P/(L) (₹) | 1,186.47 | 635.21 | 874.73 |
| Earnings per equity share - Basic (2)(4) | 16.57 | 8.87 | 12.22 |
| Earnings per equity share - Diluted (3)(4) | 16.57 | 8.87 | 12.22 |
| Net Asset Value per Equity Share (5) (₹) | 48.88 | 31.92 | 23.03 |
| Total borrowings (₹ in million) (6) | 1,410.30 | 485.96 | 730.93 |
For more details on the IPO, refer to the DRHP here.
Did you know that you can now Pre-Apply for an IPO on Dhan? You can place your IPO Bid on Dhan and the order will be pushed to the Exchange as soon as the Bidding starts for Atlanta Electricals. You will receive a UPI mandate after 10:00 AM on 22 September 2025.
###1. How to apply for the IPO of Atlanta Electricals on Dhan?
You can apply for the IPO of Atlanta Electricals from either Dhan Mobile App or Web
On Dhan Mobile App you can find the IPO under the Money Section > IPO Tab
On Dhan Web you can find the IPO under Markets Tab > IPOs
###2. In case of successful allotment, when the IPO shares of Atlanta Electricals be visible on Dhan?
The CDSL will intimate you regarding the credit of shares into your Demat account by 26 September 2025. However, you will be able to see the shares of Atlanta Electricals on Dhan before the market starts on the listing date which is 29 September 2025.